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The Latest Breaking News from Alibaba

Imagine owning 5% of Nvidia but selling it all 5 years ago—tech investor rues over $150 billion slipping through his fingers as ‘fish that got away’

Softbank founder Masayoshi Son dumped his entire stake in Nvidia after a crypto downturn hurt sales to miners—now he wants to make good with a huge bet on artificial super intelligence.

Fortune

Should Nvidia Be Worried as an AI Price War Escalates in China?

Chinese tech companies have lowered prices for their AI services, triggering a price war. Will the AI price war in China land on U.S. shores, too - and what could it mean for companies like Nvidia?

Barchart

David Beckham becomes ambassador for Chinese tech group sponsoring Euro 2024

Ex-England footballer’s deal with Alibaba’s AliExpress follows tie-ups with Hugo Boss and SharkNinja

The Guardian - UK

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David Beckham signs deal to be brand ambassador for Chinese giant Alibaba

Alibaba is also a sponsor of the upcoming Euros, despite a European Union probe into AliExpress

The Independent UK

The race to lead China's AI sector heats up as ByteDance, Alibaba and Baidu offer their models at rock-bottom prices

China's AI providers are slashing prices after TikTok-owned ByteDance unveiled new AI models that it claimed cost 99% less than the competition.

Fortune

AI price war kicks off in China after Alibaba slashes prices

Chinese tech firms are battling it out to offer cheaper AI services to spark investments and attract customers.

TechRadar

“I Don’t Know What To Do”: Gen Zers Roast “Temu Victim” Moms, Show Their Weird Purchases

"I don't know what to do, but she's addicted." The post “I Don’t Know What To Do”: Gen Zers Roast “Temu Victim” Moms, Show Their Weird Purchases first appeared on Bored Panda.

Bored Panda

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Hong Kong Stock Market Sees Strong Rally Despite Geopolitical Challenges

Asian markets resilient with strong Q1 earnings from JD.com and Baidu, Hong Kong real estate and healthcare sectors perform well amidst positive conditions.

Top News

China's Baidu Posts Weakest Quarterly Revenue Growth In Over A Year

Baidu is a key player in China's tech industry, which once charted years of ballooning growth until Beijing imposed a regulatory crackdown on the sector starting in 2020.

International Business Times

China Tech Giant Alibaba Posts Modest Yearly Revenue Growth

Chinese e-commerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed.

International Business Times

Alibaba Exceeds Revenue Expectations Despite Profit Decline

Alibaba surpasses revenue estimates but faces profit decline in latest quarterly results, reflecting e-commerce industry challenges and opportunities.

Top News

Asian Traders Bide Their Time Ahead Of Key US Inflation Data

Asian investors shifted cautiously Tuesday ahead of the release of key US inflation data that could have a huge bearing on the fate of Federal Reserve interest rate cuts this year.

International Business Times

Option Volatility And Earnings Report For May 13- 17

Earnings season is slowing down, but we still have a few big names reporting. This week, we have Alibaba, Home Depot, Walmart, Cisco and Deere & Company all reporting.

Barchart

Chinese server CPU beats Microsoft, Google and AWS rivals to grab performance crown — Alibaba's Yitian 710 is quickest server CPU but it is based on Arm rather than RISC and x86 is likely to be the overall speed champion

Researcher tested five Arm-powered server CPUs and Intel's Xeon Platinum, with Alibaba's Yitian 710 coming out on top.

TechRadar

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Top News

Hangzhou Lifts Home Purchase Curbs In Alibaba's Megacity

Hangzhou, home to Alibaba, lifts home purchase restrictions to stimulate real estate market and attract investors.

Caixin Global

Shanghai Composite Index Rose 1.17% on Friday

Shenzhen Component Index closed up 2.15%

Caixin Global

Weekly Must-Read: Alibaba Renews Strategy Reset to Revive Growth Momentum

Jack Ma tells employees ‘we must reform for the future’

Caixin Global

Shanghai Composite Index Rose 0.09% on Thursday

Shenzhen Component Index closed down 0.05%

Get all your
news in one place.

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Caixin Global

Shanghai Composite Index Fell 1.65% on Tuesday

Shenzhen Component Index closed down 2.29%

International Business Times

Jack Ma Breaks Silence, Endorses Alibaba's Restructuring Efforts

Jack Ma breaks years of silence to endorse Alibaba's comprehensive restructuring, praising the company's leadership.

TechRadar

Alibaba Cloud slashes prices as it looks to boost non-Chinese market

Overseas Alibaba Cloud customers are set to see huge cost savings and incentives as part of a global shakeup.

International Business Times

S. Korea Probes Temu Over Alleged False Ads, Unfair Practices: Yonhap

South Korean regulators are investigating the hugely popular Chinese shopping app Temu on suspicion of false advertising and unfair practices, the Yonhap news agency reported Monday.

Top News

Alibaba Announces .8 Billion Share Repurchase Program

Alibaba announces a .8 billion share repurchase program to boost shareholder value and signal confidence in its financial strength and growth potential.

Top News

Exploring The Top 10 Tech Entrepreneurs Of The Decade

Explore the impact of top tech entrepreneurs like Elon Musk, Jeff Bezos, and Mark Zuckerberg on the industry over the past decade.

Top News

Alibaba's Strategic Move: Cainiao Buyback Targets Rivals Overseas

Alibaba strengthens logistics arm Cainiao through strategic buyback to boost global competitiveness.

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